Sterling outperformed this week as French bond market tensions hit the euro, and Burnham's Europe pivot adds a tailwind.
Read more … →The British pound welcomes a GDP upgrade and looks through the Burnham speech to the budget.
Read more … →Burnham's spending pledges push gilt yields higher as the pound gives back its early gains.
Read more … →Higher oil prices lift UK inflation expectations and rate hike bets, handing the pound support against the euro.
Read more … →The British pound fell to its lowest level in months against both the euro and dollar this week and further losses are possible.
Read more … →The Prime Minister has defended his bond market comments with borrowing costs at a 19-year high before the Budget.
Read more … →The pound stays supported into year-end, but the OECD's 2027 downgrade warns of downside risks next year.
Read more … →